World’s largest green methanol bunkering operation completed in Shanghai

China's Shanghai Electric Group completed the world's largest green methanol bunkering operation at Shanghai's Yangshan port on Monday, transporting 8,000 tonnes of the eco-friendly fuel to a CMA CGM-owned container ship. This record-breaking achievement marks the establishment of a comprehensive industrial chain in China for green methanol production, storage, transport, and bunkering.

President Zhu Zhaokai highlighted that this model offers an adaptable and scalable solution for the green transformation of international shipping. Since its first green methanol bunkering operation in April 2024, Shanghai port has accumulated 36,000 tonnes of the fuel. Green methanol, derived from biomass and renewable energy sources, is a crucial alternative fuel for cutting carbon emissions in shipping and other industries.

With the global shift towards clean energy, green methanol is anticipated to have extensive application potential in various sectors. China is actively bolstering its green energy sectors to foster high-quality development while minimizing carbon emissions. The country's 15th Five-Year Plan for Building a Beautiful China aims to revitalize green industries over the next five years, prompting traditional industries to adapt and accelerate the growth of green sectors.

Currently, China's green and low-carbon industries generate a market worth around 11 trillion yuan (approximately 1.62 trillion U.S. dollars), supported by more than 2 million enterprises.